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Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme


A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....

4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules


A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to...

Judge Says No to Sanctions on Craig Wright, Clears Case for July Trial


Craig Wright. Source: a video screenshot, Youtybe, CoinGeek A judge has ruled against imposing sanctions on Craig Wright, the controversial Australian computer scientist and backer of Bitcoin SV (BSV), in the legal battle between Wright and the estate of his former partner Dave Kleiman. The judge...

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